3 years ago

Inflation is a decrease in the average price level in the economy.

Business

1 answer:

Rama09 [41]3 years ago

7 0

This is false. When inflation happens, prices go up in the economy.

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Answer:

See below

Explanation:

A budgetary fund is an income account and thus a debit balance suggests a deficit on the fund account. This means that governing bodies of City of Goodville have spent more money in their expenditures than they have brought in as income from the fund. This will be recorded as a liability in the balance sheet. Where as a credit balance would be a surplus and recorded as an asset.

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When a large marketing company contracts with a payroll service company to process employee checks for them, they are _____.?

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3 years ago

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3 years ago

Hunter's Hut is considering a project that will require additional inventory of $48,000 and will increase accounts payable by $2

slamgirl [31]

Answer:

the project cash flow is $92,880

Explanation:

The computation of the project cash flow for the change in net working capital in the year 1 is shown below:

Working capital needed for the year 1 $55,000 ($550,000 × 10%)

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Add: Increase in account receivable $11,880 ($297,000 × 4%)

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